MC9215 -ACCOUNTING AND FINANCIAL MANAGEMENT L T P C 3 1 0 4

UNIT I FINANCIAL ACCOUNTING 9

Meaning and Scope of Accounting-Principles-Concepts-Conventions-Accounting Standards-Final
Accounts-Trail Balance-Trading Account-Profit and Loss Account-Balance Sheet-Accounting Ratio
Analysis-Funds Flow Analysis-Cash Flow Analysis.

UNIT II ACCOUNTING 9
Meaning-Objectives-Elements of Cost-Cost Sheet-Marginal Costing and Cost Volume Profit Analysis-Break
Even Analysis-Applications-Limitations-Standard Costing and Variance Analysis-Material-Labor-Overhead-
Sales-Profit Variances.

UNIT III BUDGETS AND BUDGETING CONTROL 9
Budgets and Budgetary Control-Meaning-Types-Sales Budget-Production Budget-Cost of Production
Budget-Flexible Budgeting-Cash Budget-Master Budget-Zero Base Budgeting-Computerized Accounting.

UNIT IV INVESTMENT DECISION AND COST OF CAPITAL 9
Objectives and Functions of Financial Management-Risk-Return Relationship-Time Value of Money
Concepts-Capital Budgeting-Methods of Appraisal-Cost of Capital Factors Affecting Cost of Capital-
Computation for Each Source of Finance and Weighted Average Cost of Capital.

UNIT V FINANCING DECISION AND WORKING CAPITAL MANAGEMENT 9
Capital Structure-Factors Affecting Capital Structure-Dividend Policy-Types of Dividend Policy-Concepts of
Working Capital-Working Capital Policies-Factors affecting Working Capital-Estimation of Working Capital
Requirements. Total: 60
TEXTBOOK
1. S.N.Maheswari, Financial and Management Accounting, Sultan Chand & Sons, 2003
2. I.M.Pandey, Financial Management, Vikas Publications, 4
th
Reprint, 2002
REFERENCES
1. S.P.Iyengar, Cost and Management Accounting, Sultan Chand & Co,
2. I.M.Pandey, Elements of Management Accounting Vikas Publishing House, 1993